Insights articles China: Evolution, Not Revolution Jian Shi Cortesi, portfolio manager for China and Asia equity strategies, takes a look at China’s transition to a consumer-driven economy and its significance for the world’s second-largest economy. 2018-03-20T00:00:00 German Equities – Consistent Rewards for Patient Investors The sudden return of sharp bouts of equity market volatility at the beginning of February 2018 served once more as a reminder to investors that there is never room for complacency in capital markets. The strong returns made in January 2018 evaporated within a short period of time. Oliver Maslowski, fund manager at GAM, on the merits of longer investment horizons, based on the German stock market’s example. 2018-03-15T00:00:00 EM Debt: Beyond Asset Allocation Investing in emerging market debt should be all about value and selection, rather than trying to forecast the direction of the US dollar or movements in Treasury yields says GAM’s Enzo Puntillo. 2018-03-13T09:28:49 Insurance Linked Securities: Bridging the Disaster Gap Having demonstrated their value following the 2017 hurricane season, the market for insurance-linked securities, including cat bonds, is set to grow substantially this year. 2018-03-08T00:00:00 Fund Manager Portrait – Roberto Bottoli "In the prevailing environment, investors are finding fewer and fewer sources of meaningful yield with low volatility from the fixed income universe." 2018-03-06T00:00:00 China: Gently Applying the Brakes He’s a few months into his new term as re-elected president, so how is China’s President Xi Jinping continuing to shape the world’s second-largest economy for the future? Investment director, Michael Lai takes a look. 2018-02-27T00:00:00 Can Emerging Markets Take Centre Stage? Emerging markets have weathered many a storm, including significant political turbulence over the last few years. But, following early February’s volatility surge, can they continue to rally? GAM’s Tim Love takes a look. 2018-02-23T00:00:00 LSE SU Alternative Investments Conference Alexander Friedman, Group CEO of GAM, delivered a keynote speech at the LSE SU Alternative Investments Conference in London on 22 January. He discussed markets, what the current environment means for active investing and the transformative role of technology in asset management. 2018-02-20T00:00:00 Larry Hatheway on Markets - February 2018 Chief economist and head of GAM Investment Solutions, Larry Hatheway, discusses the changing macroeconomic environment, including whether we are reaching the end of the equity bull market, his expectations for inflation and monetary policy and the implications for portfolio construction. 2018-02-19T00:00:00 Year of the Dog The Chinese New Year begins on 16 February 2018, when we enter the Year of the Dog, which in Chinese astrology symbolises positive traits such as loyalty, honesty and faithfulness. The dog itself is also viewed as a lucky animal by the Chinese. Michael Lai, investment director, considers whether the Year of the Dog will be a good one for investors. 2018-02-15T00:00:00 Eight Reasons to Be Fearful for the Bond Market Traditional fixed income markets face a number of challenges over the coming year. Tim Haywood, investment director, highlights eight reasons to be fearful for the bond market and how absolute return strategies can exploit these conditions. 2018-02-14T00:00:00 The European Catch-up Trade European equities delivered solid returns in 2017. But, as GAM’s Niall Gallagher points out, performance was actually much stronger than it appears at first glance and there could be considerably more to come. 2018-02-12T00:00:00 Time to Get Active: A Cyclical View GAM’s Matthew Beesley explores the historic dynamic between the outperformance of active versus passive funds and discovers that it demonstrates deeply cyclical tendencies. 2018-02-09T00:00:00 Return to Volatility GAM’s investment experts react to market moves this week that have marked a return of volatility after an unusual period of calm. 2018-02-07T00:00:00 Japan: The Sun Rises Again The Nikkei 225 index, Japan’s most widely quoted barometer of stock market health, has endured many ‘red’ days since peaking at a level above 38,000 points almost three decades ago. However, it is currently enjoying something of a ‘black’ renaissance, having reached a 26-year high in early January. GAM’s Ernst Glanzmann and Reiko Mito explain why they believe there could be much further upside to come. 2018-02-05T00:00:00 Opportunities From Workplace Automation Rapid advances in technology are seeing increasing levels of workplace automation, which is throwing up some interesting investment opportunities and giving food for thought in terms of the social implications, says Mark Hawtin, investment director, global long short equity. 2018-02-01T00:00:00 Fund Manager Portrait – Ernst Glanzmann After years of false dawns and ‘dead cat bounces’, Japanese equities surged to a 26-year high in early January. So, what better time to gain some valuable insights from a veteran who has watched events unfold both in Japan and from afar? 2018-01-30T00:00:00 From a Growth to a Value Bubble? The ‘value’ investment style endured a miserable year in 2017, but GAM’s Hans Ulrich Jost believes that we are seeing early indications which could herald a return to valuation-based stock picking. 2018-01-25T00:00:00 EM Debt: The Case For Further Gains Despite rallying for two years, the fundamental case for further gains in EM local currency bonds remains strong, says Paul McNamara, investment director for emerging markets fixed income. 2018-01-23T00:00:00 Larry Hatheway on Markets - January 2018 Chief economist and head of GAM Investment Solutions, Larry Hatheway, discusses how long the equity bull market can continue, his expectations for inflation in the year ahead and why the dollar has weakened. 2018-01-19T00:00:00 Are Super-Elevated Profits Serving Investors Well? US profit margins as a percentage of GDP are close to all-time highs. For many, this is a sign of corporate health further corroborated by the S&P 500’s third quarter profit growth of over 11% on the previous year. Good news it would seem but GAM’s Julian Howard believes the real issue for investors is how long it will last and are sustained high profits even desirable? 2018-01-16T00:00:00 2018 Outlook – Investment Themes to Watch out for this Year GAM’s investment experts highlight what they believe will be the top investment themes for 2018 in their specialist fields. 2018-01-09T00:00:00 China: Averting a Minsky Moment Rather than seeing a sudden collapse of asset prices, GAM’s Michael Lai believes that certain areas of the Chinese economy will continue to expand robustly, broadly underpinning the equity market. 2018-01-04T00:00:00 2018 Outlook – Events to Watch out for this Year GAM’s investment experts highlight what they believe will be the key events to look out for over the course of 2018 in their specialist fields. 2018-01-02T00:00:00 Trouble With The Curve When what is supposed to be a curve is more akin to a flat line, it can be interpreted as a sign of trouble ahead, as GAM’s Julian Howard explains. 2017-12-21T00:00:00 An Investor’s Holiday Wish List This time last year, Larry Hatheway's single wish for 2017 was that greater empathy would enter the human consciousness and become manifest in areas such as modernity, immigration and free trade. Read his wish for 2017. 2017-12-19T00:00:00 2018 Outlook – The Merits of Active Management GAM’s investment experts share insights on how active management adds value in their specialist fields. 2017-12-12T00:00:00 Larry Hatheway on Markets - December 2017 Chief economist and head of GAM Investment Solutions, Larry Hatheway, discusses the macroeconomic outlook for 2018, including his expectations for global equity and bond markets, monetary policy and the biggest risks to investors in the year ahead. 2017-12-07T00:00:00 Inflation’s Endgame, Volatility’s Vengeance A gradual decline into disorder? GAM’s Christian Gerlach examines the phenomenon of ‘modern growth’ and ponders the potential implications of the destruction of the ‘utopia of the future’ on distorted asset prices. 2017-12-06T00:00:00 Unconstrained Opportunities and Cheap Parachutes GAM’s Tim Haywood believes an absolute return approach to fixed income could prove ideal against a backdrop of rising interest rates and a reversal of QE 2017-12-01T00:00:00